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dennis: hello, i am dennis kneale. cheryl: i am cheryl casone. stunning news, the big drop in the unemployment rate under 8%. we have reaction from wall street, the campaign trail and of course main street. dennis: ge jack welch on twitter send the jobs numbers don't add up and he ties it to the rough performance in the debate. cheryl: you won't leave how much california drivers are paying to fill up their tanks. that and more coming up in the west coast minute. top of the hour, stocks every 15 minutes, we have nicole petallides on the floor of the new york stock exchange. stocks are heading higher, wall street reacted to the jobs numbers, what is it saying? nicole: it is pretty unbelievable. anybody who heard these jobs numbers were taken aback, a huge surprise to the upside. it really set the tone for today, move things to the upside and the dow with the small move of 56 points actually hit highs we have not seen since december 2007, and so many names on the dow have hit 52-week highs, so let's look at the numbers. verizon, general electric, wa
dennis: hello, i am dennis kneale. cheryl: i am cheryl casone. stunning news, the big drop in the unemployment rate under 8%. we have reaction from wall street, the campaign trail and of course main street. dennis: ge jack welch on twitter send the jobs numbers don't add up and he ties it to the rough performance in the debate. cheryl: you won't leave how much california drivers are paying to fill up their tanks. that and more coming up in the west coast minute. top of the hour, stocks every 15...
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back to you, dennis. dennis: the gap is narrowing between president obama and mitt romney, even in swing states. mitt romney almost even with the president. there is an all out buying bullets for those political ads. john shelton joined me now. thank you for being with us, john. you know what, it looks like there will be an all out spending until the election. >> there is a huge amount of money they share. we see a huge number of ads going out to the swing states. dennis: when i advertise on television, i am normally reaching everybody. how do i narrow that message into the few people that are still undecided? >> well, you do not really want to do that because the people are very targeted towards politics and they are the ones who have already made the decision. tv and cable. everybody. they go after all the people sitting in front of that tv. you are going to be able to get to the undecided people by going after a wide shotgun approach using tv. the internet sort of goes right after the individuals. they
back to you, dennis. dennis: the gap is narrowing between president obama and mitt romney, even in swing states. mitt romney almost even with the president. there is an all out buying bullets for those political ads. john shelton joined me now. thank you for being with us, john. you know what, it looks like there will be an all out spending until the election. >> there is a huge amount of money they share. we see a huge number of ads going out to the swing states. dennis: when i advertise...
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dennis: i am dennis kneale. cheryl: and i'm cheryl casone ed as apple goes, will the market go with it? the market is falling. we have an analyst standing by. dennis: beware of molotov cocktails. the protest is a sign that people of greece feel they're being sold out by european leaders. cheryl: small business, big problems. national retail federation of business is here with a dire warning. dennis: jobs, the lack of them, top issue of his presidential campaign. the ceo of dice holdings is with us and says they have looked at a number of tech jobs now available. stocks every 15 minutes, nicole petallides on the floor of the new york stock exchange where stocks are taking a dive, nicole. nicole: they really are, dennis. down more than half of 1%. the majority of those dow component coming under pressure. all of which got some analyst calls today, not in a positive way. those are some of the names weighing. some other names on the dow, nasdaq composite i down 1.5%. i heard at the top when you talk about apple and
dennis: i am dennis kneale. cheryl: and i'm cheryl casone ed as apple goes, will the market go with it? the market is falling. we have an analyst standing by. dennis: beware of molotov cocktails. the protest is a sign that people of greece feel they're being sold out by european leaders. cheryl: small business, big problems. national retail federation of business is here with a dire warning. dennis: jobs, the lack of them, top issue of his presidential campaign. the ceo of dice holdings is with...
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dennis, thanks very much. liz: or pay per click, that's right. one key piece of economic data out tomorrow that could move your money. it is tomorrow's trades today. that is coming next. liz: spa, fitness center and personal chef. definitely not your ordinary doghouse. that story as we go off the desk. look at the little pink claws. next on "after the bell." david: time to go go "off the desk." before you send your k canine to the doghouse, a new york city hotel. dogs only hotel, beds, flat-screen tvs. do dogs watch tv? personal chefs and chauffeur service. the pup can use a fitness center. yes it has one. or indulge themselves at the spa. can you believe it? rooms start 79 bucks a night. and can go up as high as 200 bucks a night for the uber-suite, liz. liz: business roundtable is worried. number one thing to watch. private payroll report precedes the employment report. economists expect a gain of 143,000. down from last month's 201,000. number is looked at a clue what we may see in the employment report which is due ou
dennis, thanks very much. liz: or pay per click, that's right. one key piece of economic data out tomorrow that could move your money. it is tomorrow's trades today. that is coming next. liz: spa, fitness center and personal chef. definitely not your ordinary doghouse. that story as we go off the desk. look at the little pink claws. next on "after the bell." david: time to go go "off the desk." before you send your k canine to the doghouse, a new york city hotel. dogs only...
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Oct 10, 2012
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we have got peter barnes, adam shapiro, and we have dennis kneale. let's start with peter barnes on the ruling on affirmative action in college admission. what is the latest? >> just arguments in a very important case. university of texas admits about three quarter of the students in a colorblind process. is there any top 10% of their high school class, they're automatically admitted to the university regardless of race. the other quarter are admitted in a separate process including race as one of about a dozen factors. the supreme court has allowed institutions to use race as a factor in admissions but only if the consideration is narrowly targeted, a legal term, to meet a compelling government interest in creating a diverse student body, diversity that can enrich the student body. all good stuff, right? a white students denied admission in 2008 sued the university saying it's process was not tailored narrowly enough that it created reverse discrimination denied her equal protection under the constitution. the university says the process is narrow e
we have got peter barnes, adam shapiro, and we have dennis kneale. let's start with peter barnes on the ruling on affirmative action in college admission. what is the latest? >> just arguments in a very important case. university of texas admits about three quarter of the students in a colorblind process. is there any top 10% of their high school class, they're automatically admitted to the university regardless of race. the other quarter are admitted in a separate process including race...
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the obama ad that has one dennis matt. vary. nearly 1 billion people around the world don't have enough food to survive. we can let this happen. there is something we can do about it. please join christa aguilera and yum! brands in the movement to fight world hunger by supporting the united nations world food programme. for more information, go to fromhungertohope.com. your contribution will feed children and save lives. together, we can stop the dying and start the living. and together, we can move people from hunger to hope. we don't let frequent hetburn come between us and what we love. so if you're one of them people who gets heartburn anthen treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! ma announcer ] e pill eachmorning. 24 hours. zero heartbur > and don't get heartburn in the first place! [ feedback ] attention, well, everyone. you can now try snapshot fro progressive free for 30 days. just plug this into your car, and d your good driving can save you uto 30%. you could
the obama ad that has one dennis matt. vary. nearly 1 billion people around the world don't have enough food to survive. we can let this happen. there is something we can do about it. please join christa aguilera and yum! brands in the movement to fight world hunger by supporting the united nations world food programme. for more information, go to fromhungertohope.com. your contribution will feed children and save lives. together, we can stop the dying and start the living. and together, we can...
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dennis kneale covering the story. i was never in a union. >> let's not forget that. >> union are doing very well but not so well for newspapers. 700 employees walked off the job. they are protesting the hard-line. the walkout was more around the block. it is awkward for management that one of the most pro union papers in the country. labor, so long as it declines in the private sector is losing clout and unable to withstand the unfettered bank accounts of industry but the old gray lady union members see a different faith in their contracts. is expired year ago. they lost $90 million last quarter. stock price down 50%. pension benefits and health coverage and overtime. the unions want increase in the same areas which make me thinks there's no tactic possible in a state of denial. the times want this wrapped up by year end but they are digging in their heels. time's dissident workers have a web site and two weeks ago they put up a warning letter aimed at management and it reads, quote, 18 months after our contract expir
dennis kneale covering the story. i was never in a union. >> let's not forget that. >> union are doing very well but not so well for newspapers. 700 employees walked off the job. they are protesting the hard-line. the walkout was more around the block. it is awkward for management that one of the most pro union papers in the country. labor, so long as it declines in the private sector is losing clout and unable to withstand the unfettered bank accounts of industry but the old gray...
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dennis, let me bring you in. he basically called them liars in his statement to us here at fox business earlier. they stand behind their statements. a lot of people are asking the question today, five days out from the election, this is an obama task force, is the timing suspect? what do you think? >> well i'm certainly not going to defend the timing. better markets has been calling for accountability on wall street for a long time. in our view just like the law is applied on main street it should be applied on wall street. frankly this task force really doing what it should have done complaints like this should have been filed a long time ago. charlie knows well because he did a lot of reporting on this, these allegations there are two big complaints. ambac, the insurance company and fhfa filed prior complaints detail egregious conduct by the bear stearns people. melissa: if they're legitimate, why now? you're saying should have been done a while ago, they suddenly woke up now five weeks ahead of the election an
dennis, let me bring you in. he basically called them liars in his statement to us here at fox business earlier. they stand behind their statements. a lot of people are asking the question today, five days out from the election, this is an obama task force, is the timing suspect? what do you think? >> well i'm certainly not going to defend the timing. better markets has been calling for accountability on wall street for a long time. in our view just like the law is applied on main street...
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gerri: i want to get you to respond to something that dennis kelleher said today. he had an interesting comment. >> that's not a glitch, that is a computer that has run amok, that they can't control and the consequences of which are going to be paid by everybody as investor confidence goes down. gerri: he is talking about the trading glitch at night. it's unacceptable. >> he's absolutely right. you have a situation where anybody can create this entity and ere could be legalities going on. but you need to address why they exist in the first place. because there is a stock market change where they have supply and demand is penny jumping everybodyelse. they have access to high-speed fees, all of these hings -- but we don't fix the structure of the market, we will continue to have problems. >> i think it is important issue. individual investors are voting with their feet right now and getting out. thank you. meanwhile, it was a mixed day in the market. the dow sinking 32 points and the s&p just barely made it into green territory. the last few months, beenpretty positi
gerri: i want to get you to respond to something that dennis kelleher said today. he had an interesting comment. >> that's not a glitch, that is a computer that has run amok, that they can't control and the consequences of which are going to be paid by everybody as investor confidence goes down. gerri: he is talking about the trading glitch at night. it's unacceptable. >> he's absolutely right. you have a situation where anybody can create this entity and ere could be legalities...
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we are joined with julie baginski and our own dennis kneale. thank you for coming on, guys. first up, this is the start of the giant game last night. it was delayed because the fan ii running across the field with the romney-ryan sign. i think they said something about a statement on a woman's right to choose, obviously, got people's attention. we are talking about it. i can't we people do things like this. what do you think? >> you know, any time that for cops brandishing pistols to matthew, i'm so glad we didn't have a mass shooting, more than a billion dollars being spent on presidential ads. >> i think about this guy, he was confused about romney's position on abortion. [laughter] melissa: and companies are using the election, not surprisingly, to try to make some dough, like pizza hut. which is offering free pizza for life to anyone who asks mitt romney and president obama they prefer pepperoni or sausage on their pizza. that is a 520-dollar gift card per year. >> you have michele obama beating barack obama up, and who knows about ann romney. [laughter] >> i think the a
we are joined with julie baginski and our own dennis kneale. thank you for coming on, guys. first up, this is the start of the giant game last night. it was delayed because the fan ii running across the field with the romney-ryan sign. i think they said something about a statement on a woman's right to choose, obviously, got people's attention. we are talking about it. i can't we people do things like this. what do you think? >> you know, any time that for cops brandishing pistols to...
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dennis kneale is here covering that story. dennis: is consumer demand for gas sipping electric cars so big that they now resort to pitching them on the home shopping channel? here is a rather high-priced pitch for hsn. toyota is taking over agent said yesterday airing three one hour programs. toyota's hybrid models start at $20,000 go up to 50,000. three hours of programming to sell me on the benefits of hybrids. if you cannot do it in a 32nd tv spot, you have a problem. state law not allowed to bypass local dealers and sell direct. the tv shows yesterday at work product demos. toyota says that after just that first hour on air, a cut as many requests for follow-up information as it expected to get all day long. hsn may offer a new way for carmakers to go after customers. these women, two thirds of new car purchases. hsn, 90% of the audience is women. average income is $60,000. this is the first time that hsn has ever run a show showing new we will know pretty soon whether the approach worked for toyota. tracy: i think it is a
dennis kneale is here covering that story. dennis: is consumer demand for gas sipping electric cars so big that they now resort to pitching them on the home shopping channel? here is a rather high-priced pitch for hsn. toyota is taking over agent said yesterday airing three one hour programs. toyota's hybrid models start at $20,000 go up to 50,000. three hours of programming to sell me on the benefits of hybrids. if you cannot do it in a 32nd tv spot, you have a problem. state law not allowed...
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dennis kneale joins us now. the story we alluded to earlier. >> the most created a political event ever. the real star was sesame street big bird thanks to this right here. >> i'm sorry, jim. i'm going to stop providing to pbs. i like big bird. >> that blew away the democratic convention. bush had nine and a half million messages over three days. and after romney made that one-liner, the phrase big bird got 17,000 times per minute. pbs at 10,000 times per minute. big bird shot up to the fourth most term on google. trading worldwide, new twitter account open, but how insightful was the tweet talking to distract the substance of the debate? i love big bird they stop pbs. the tragedy of mitt romney as he knows people kill everything she loves. the big cnn came up with this, breaking, big bird two campaign, he would put big bird on the chopping block. sesame workshop putting up this statement. in nonpartisan non-prophet organization. we're happy we can all agree that everyone likes big bird. tracy: i love big bird.
dennis kneale joins us now. the story we alluded to earlier. >> the most created a political event ever. the real star was sesame street big bird thanks to this right here. >> i'm sorry, jim. i'm going to stop providing to pbs. i like big bird. >> that blew away the democratic convention. bush had nine and a half million messages over three days. and after romney made that one-liner, the phrase big bird got 17,000 times per minute. pbs at 10,000 times per minute. big bird shot...
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dennis: use. where was obama tonight? i don't know what he was doing out there. he had his head down and in during the debate rather than fighting it. james carville saying, quote, mitt romney came in with a chain saw. only the new york times had the. its headline says obama and romney in first debate spar over fixing the economy. that is a hedge. let's bring in branch brent z boze bozell. i am astonished the few in the liberal media would admit that romney won. >> kind of said last night before this started unpredicted romney was going to win and the media were going to say romney lost which is what they always do but they couldn't because it was such a pharaoh complete victory by romney. understand what is going on. you are not completely wrong here. watch the counter spin. it already started. it is all about how obama was lackluster. obama was and firing on all cylinders. obama was an prepared. all those things may be true but that is just the beginning of it. not just that romney was prepared and the opposite is romney had facts and romney had an argument to
dennis: use. where was obama tonight? i don't know what he was doing out there. he had his head down and in during the debate rather than fighting it. james carville saying, quote, mitt romney came in with a chain saw. only the new york times had the. its headline says obama and romney in first debate spar over fixing the economy. that is a hedge. let's bring in branch brent z boze bozell. i am astonished the few in the liberal media would admit that romney won. >> kind of said last night...